Vanguard Group Inc. Sells 27,890 Shares of Proto Labs, Inc. $PRLB

Vanguard Group Inc. cut its stake in Proto Labs, Inc. (NYSE:PRLB) by 1.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,744,977 shares of the industrial products company’s stock after selling 27,890 shares during the quarter. Vanguard Group Inc. owned about 11.59% of Proto Labs worth $137,331,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PRLB. VIRGINIA RETIREMENT SYSTEMS ET Al grew its stake in Proto Labs by 79.9% during the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 25,900 shares of the industrial products company’s stock worth $1,296,000 after buying an additional 11,500 shares during the last quarter. Jupiter Asset Management Ltd. boosted its holdings in Proto Labs by 3.7% in the second quarter. Jupiter Asset Management Ltd. now owns 194,832 shares of the industrial products company’s stock worth $7,801,000 after acquiring an additional 6,921 shares in the last quarter. Hussman Strategic Advisors Inc. purchased a new stake in shares of Proto Labs during the third quarter worth about $2,101,000. Essex Investment Management Co. LLC acquired a new position in shares of Proto Labs during the third quarter valued at about $1,045,000. Finally, Hillsdale Investment Management Inc. raised its position in shares of Proto Labs by 28.4% in the 2nd quarter. Hillsdale Investment Management Inc. now owns 153,624 shares of the industrial products company’s stock valued at $6,151,000 after purchasing an additional 34,000 shares during the last quarter. Hedge funds and other institutional investors own 84.54% of the company’s stock.

Insider Transactions at Proto Labs

In other news, insider Michael R. Kenison sold 2,500 shares of Proto Labs stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $60.00, for a total value of $150,000.00. Following the sale, the insider owned 34,526 shares in the company, valued at $2,071,560. This trade represents a 6.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.20% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Zacks Research upgraded shares of Proto Labs from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 11th. Weiss Ratings reissued a “hold (c-)” rating on shares of Proto Labs in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Proto Labs has an average rating of “Buy” and a consensus price target of $53.33.

Proto Labs Stock Down 1.3%

PRLB stock opened at $61.86 on Wednesday. The firm has a market cap of $1.47 billion, a P/E ratio of 70.30 and a beta of 1.25. Proto Labs, Inc. has a 52-week low of $29.58 and a 52-week high of $68.91. The company’s 50-day simple moving average is $57.48 and its 200-day simple moving average is $53.02.

Proto Labs (NYSE:PRLB) last issued its quarterly earnings data on Friday, February 6th. The industrial products company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.35 by $0.09. The company had revenue of $136.49 million for the quarter, compared to analyst estimates of $129.07 million. Proto Labs had a return on equity of 3.19% and a net margin of 3.98%.Proto Labs’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same period last year, the company earned $0.38 earnings per share. Proto Labs has set its Q1 2026 guidance at 0.360-0.440 EPS. On average, analysts anticipate that Proto Labs, Inc. will post 0.81 earnings per share for the current fiscal year.

Proto Labs Profile

Proto Labs, Inc is a digital manufacturing company that offers on-demand production services for custom parts and prototypes. Utilizing technologies such as 3D printing (additive manufacturing), CNC machining and injection molding, the company transforms digital CAD designs into functional parts on accelerated timelines. Its platform-driven process combines automated quoting, rapid tool generation and manufacturing execution to serve product developers, engineers and small- to medium-sized production runs.

Founded in 1999 by Larry Lukis, Proto Labs has championed the application of digital workflows to traditional manufacturing methods.